Civil construction in India is a booming sector, contributing over 9% to the GDP. With investments of ₹10 trillion annually, it encompasses infrastructure projects like roads, bridges, and urban development. The industry employs over 50 million people, driving growth in both urban and rural areas across the country. With a market capitalization of Rs 21,296.69 [...]
ICICI Direct has issued a buy call on one of the leading manufacturers of Special Steels, Super Alloys and the only manufacturer of Titanium Alloys in India, for a potential upside of 16 percent. With a market capitalization of Rs. 9,776.3 crore, the shares of Mishra Dhatu Nigam Limited surged by 2.6 percent on BSE [...]
Foreign Institutional Investors (FIIs) are significant players in global financial markets, comprising various entities such as mutual funds, pension funds, and hedge funds, among others. They invest substantial capital across international borders, influencing the market dynamics, liquidity, and investment trends, thus playing a crucial role in shaping global investment landscapes and economic development. Here are [...]
The shares of the mobility solution provider to Indian railway have fallen by 4 percent from an intraday low despite the board have considered and approved the floor price of Rs 689.47 apiece. Jupiter Wagons Ltd has a market capitalization of Rs 28,872.92 crore, the shares were trading at Rs 700.30 per share, decreasing around [...]
IT stock engaged in providing automotive retail solutions, interactive media content, and many more for the automotive industry jumped 9% in the day’s trade following the acquisition of Geronimo Web, a global leader in providing digital marketing programs. Price Action With a market capitalization of Rs. 597 Crores, the shares of IZMO Limited were trading [...]
The government is considering some changes to rice exports. They may allow exports of white rice with a fixed duty instead of the current restrictions, and might also consider removing the 20 percent tax on exports of parboiled rice, and instead using a fixed levy, as claimed by a few reports. India is one of [...]
Infra stock engaged in the business of construction across multiple infrastructure verticals like roads, buildings, industrial structures, power and many more jumped 18 percent in the day’s trade upon receiving a work order worth ~Rs. 311 Crores to build 2 jails. Price Action With a market capitalization of Rs. 605 Crores, the shares of RPP [...]
With a market capitalization of Rs. 8,552 crores, the shares of a local search engine and digital services providing company started Tuesday’s trading session on a higher note at Rs. 1,017.85, gaining around 1 percent compared to its previous close of Rs. 1,003.20 and are currently trading at Rs. 1,008 apiece. Financials Having a look [...]
On Tuesday’s trading session, the shares of one of the leading power distributors in India surged by nearly 5.2 percent on BSE to Rs. 1,548.7, after the company signed an agreement to set up 50MWp Solar Power Generating Projects in Tamil Nadu. At 01:04 p.m., the shares of Torrent Power Limited were trading in the [...]
On Tuesday’s trading session, the shares of an Indian multinational enterprise engaged in EPC Projects surged by 1.5 percent to Rs. 3,685, after the company secured a significant order worth up to Rs. 2,500 crore from Hindustan Shipyard Limited. At 12:37 p.m., the shares of Larsen & Toubro Limited were trading 1.1 percent higher at [...]
